Subscribe free to our newsletters via your
. Military Space News .




TRADE WARS
WTO sides with US on Chinese steel import duties, again
by Staff Writers
Geneva (AFP) Oct 18, 2012


China did indeed break global trade rules when it imposed anti-dumping duties on US electrical steel imports, the World Trade Organisation ruled Thursday, confirming on appeal a previous ruling.

The WTO's dispute panel had already ruled on June 15 that China breached trade rules by not providing sufficient evidence for imposing the duties and for conducting a flawed analysis, but that decision was appealed by Beijing five days later.

The WTO's appellate body on Thursday rejected China's arguments, ruling that the dispute panel "did not improperly disregard the parallel price trends of subject imports and domestic products."

Neither had it disregarded "the role that the increase in the volume of subject imports played in (China's commerce ministry's) price effects finding," it said.

Instead, the appellate body "upheld the panel's finding that China acted inconsistently" with anti-dumping rules.

The dispute dates back to September 2010 when Washington accused China of breaching trade rules by not providing sufficient evidence that anti-dumping duties were needed on US imports of electrical steel used in the power sector.

The WTO dispute panel had found that "the manner in which (China) applied facts available was inconsistent" with trade rules.

Thursday's ruling means China will now be obliged to carry out the panel's recommendations and ensure that its legislation is in line with WTO rules.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
BHP chief says China steel surge has peaked
Sydney (AFP) Oct 17, 2012
BHP Billiton chief Marius Kloppers said on Wednesday that China's steel surge had peaked and iron ore and steel growth was likely to decline, as the miner delivered a mixed quarterly production report. BHP produced 39.77 million tonnes of iron ore in the three months to September 30 - just one percent higher than a year earlier and three percent lower than the preceding quarter as China's s ... read more


TRADE WARS
Jacobs supports Patriot Excalibur system

Russia prepares a response to US missile defence plans

Northrop Grumman Completes SBIRS HEO-3 Payload Integration and Ambient Functional Test

Report: Funding for Iron Dome could be cut

TRADE WARS
Full production for German army missile

Raytheon awarded $349 million US Army contract for TOW missiles

UN's Ban alarmed by North Korea missile claim

Raytheon awarded US Army contract for TOW missiles

TRADE WARS
Innocon selects Imint's Vidhance video enhancement engine and video tracker for its small unmanned aerial vehicles

Venezuela serious about producing drones

Israel unveils Flying Elephant, other UAVs

Israel's IAI 'wins $958M India drone deal'

TRADE WARS
$15M order for Harris tactical radios

SPAWAR Atlantic taps Engility

Northrop Grumman Begins Production of EHF SatCom System for B-2 Bomb

Mutualink Selects Benchmark to Manufacture Interoperable Communications Systems on Global Scale

TRADE WARS
Lockheed Martin Modernizes Distributed Common Ground System Imagery Testbed

Lockheed Martin Receives Contract for Paveway II Plus Laser Guided Bomb Kits

U.S. Army Awards Northrop Grumman Contract to Modernize Joint Tactical Ground Station

Ceradyne and Threat4 Introduce the MOHAWK Combat Helmet

TRADE WARS
Putin slams dictation to Russia on arms trade

China leads rise in Asia military spending: study

Britain to investigate military 'cash for access' claims

EADS/BAE deal collapse a setback, mergers still needed: analysts

TRADE WARS
China to conduct naval exercises in East China Sea

Chinese warships sail near Japan island: Tokyo

Outside View: Ready, aim fire!

Obama dismisses Romney tough talk on China

TRADE WARS
University of Florida chemists pioneer new technique for nanostructure assembly

New Techniques Stretch Carbon Nanotubes, Make Stronger Composites

New Way to Prevent Cracking in Nanoparticle Films

Queen's develops new environmentally friendly MOF production method




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement